BULLGEN vs Rain

Rain (RAIN) is 1876756.1× the size of BULLGEN (BULLGEN) by market capitalisation. Over the past 30 days, BULLGEN is ahead by 28.8 percentage points (BULLGEN -32.2% against RAIN -61.0%). Their daily returns move barely together (correlation 0.01 across 21 shared trading days). RAIN has been the more volatile of the two, at 135% annualised against BULLGEN's 56%.

Correlation: 0.01
Size ratio: 1 : 1876756.1
Ahead over 30 days: BULLGEN

BULLGENBULLGEN

$3.070e-6

24h: +5.62%
Market cap: $2,283
Volume 24h: $2
Volatility (ann.): 56%

RainRAIN

$0.005997

24h: -7.34%
Market cap: $4.28B
Volume 24h: $14.76M
Volatility (ann.): 135%

BULLGEN 0.0%Share of the two combined market caps100.0% RAIN

Performance

BULLGENRAIN

7 days-13.84%-11.68%RAIN
30 days-32.19%-60.96%BULLGEN

Correlation

0.01over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BULLGEN	RAIN
Max drawdown (400d)	-39.6%	-69.3%
Risk-adjusted return (90d)	-0.67	-0.40

Relative strength over 90 days: BULLGEN outperformed RAIN by 18.9% — measured on the BULLGEN/RAIN ratio, so it holds regardless of market direction.

BULLGEN →Rain →